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with syria. the u.s. military now said be ready to launch an attack at a moment's notice of and it comes as we wait to see new evidence that the syrian regime gassed its own civilians. it's an enormous wildfire growing, scorching hundreds of square miles. crews say they're making progress but nowhere near having this thing under control. the latest on that. and a new medical report on how stress can actually speed up the growth of cancer. that's all ahead unless breaking news changes everything. on "studio b." >> but first from fox at 3:00. it's not a matter of if but when the u.s. will launch an attack on syria. that is what a senior defense official tells fox news. officials say the u.s. military is now off the coast of syria, and prepared to strike once president obama gives the okay. and we expect to learn more from u.s. intelligence experts as early as today. they're set to release the report laying out the evidence of last week's reported chemical attack in a suburb of the capital city damascus. some news agencies reported that more than 100 people died there. others said it was mo
action against the syrian regime for using chemical weapons, but the president says, quote, this kind of offense is a challenge to the world. that minutes are the secretary of state john kerry addressed reporters and the public, laying out some of the evidence against syria, and while the u.s. intelligence officials are highly confident that assad's regime used chemical weapons to target innocent civilians. >>> inside syria. word the military forces there have made move to prepare for any possible strike. we'll tell you what we're hearing from our sources. that's all ahead unless breaking news changes everything on "studio b." >>> but first from fox at 3:00, president obama speaking just minutes ago, calling syria's use of chemical weapons a threat to america's national security. one, that affects nations all around the world. >> this kind of attack is a challenge to the world. we cannot accept a world where women and children and innocent civilians are gassed on a terrible scale. this kind of attack threatens our national security interests. by violating well-established internationa
at the rearview beer. another reason to hate facebook. creditors now using social media to use social media on whether or not they will loan you money. ash from the fire is now raining down on the water supply. we will have that and lots more in this hour of markets now. ♪ connell: markets now begins. it is all about syria. you have to look at the fact here that we are seeing today. >> we only have four days left in the month of august. the dow is off session lows. we did get a report for june home prices. higher mortgage rates definitely affecting the housing markets. moments ago, we got a statement from the sec. a spokesman saying that the chairwoman will meet the head of the exchanges and regulators. they will talk about addressing the market data. connell: that will be something to follow up on. chuck hagel speaking out saying the united states is prepared to strike syria the use of chemical weapons by the assad regime was "undeniable. " a foregone conclusion at this point. >> it certainly seems that way. i have been through this rodeo a lot of times. they do seem like they have cross
that and more coming up on this hour of "markets now." ♪ good to have you with us here on monday. dagen is off on vacation this week, but we have a lot to talk about, brian westberry starting off on the economy. keep in mind, brian, he's been on a lot, and what he says, it's a plow horse economy, that's cue to do whatever you want to do, but he uses that phrase. we'll see how long it takes to get into it. after closing down for three straight weeks, the dow kicking off the week here higher. let's look at the markets now. lauren is on the floor today at the new york stock exchange. good morning. >> good morning. just as we started speaking, the dow industrials hitting fresh highs for the day. we don't have a huge move, but nudges, the biggest seen so far today. three green arrows across the board. facebook, they are hitting almost 42 a share right now, and so we'll see if we can get to 45. there's a lot of folks who bought facebook last may at $45 a share. that's powering techs higher today, and if you look at the dow industrials, the biggest gainer is home depot. that's a nearly 3% gain there,
'm jessica yellin in for erin burnett. "outfront" tonight breaking news a senior u.s. official tells cnn's jim acosta that the u.s. could go it alone in syria after our closest ally votes against taking action. british lawmakers just voted down a proposal to strike syria. britain's prime minister says he will not go against parliament. here at home right now, top lawmakers are being briefed by the white house. the president's top national security officials are making their case against the syrian regime. will the administration be able to win enough support? our chief congressional correspondent dana bash is in washington. hi, dana. i know you have been working your sources all day. it looks from here like the mood in washington really seems to reflect the mood around the country right now on syria, it's conflicted. so, what are you learning right now? >> reporter: that's right, hi, jess. i should tell you that the conference call should be wrapping up right about now and i'm hoping to get a read on what the top lawmakers were told and whether their questions were answered. but, yes, yo
's it for us. >>> breaking news, the u.s. moves closer to war. u.s. officials telling cnn that navy destroyers could execute a mission in syria within hours of the president's orders. >>> plus, an update on the three women held captive for a decade in cleveland's house of horrors and why the city is demolishing even more homes around castro's house today. >>> plus, a massive wildfire continues to burn out west. san francisco's water and power supply now being threatened. let's go "out front." >> anyone could claim this attack is contrived or fabricated needs to check their own moral compass. what is before us today is real and it is compelling. president obama believes there must be accountability for those who would use the world's most heinous weapons against the world's most vulnerable people. >> so what's the reaction from syria? cnn's fred pleitgen has rare, inside access to damascus and cnn is the only western television network in damascus right now. hi, fred. tell us, quhas the reaction from the ground there? >> reporter: hi, jessica. you know, the syrian government hi, fred. tell us,
, and that think they could use a figure like that at microsoft. dennis: and then paul will be able to do a sequel. one last note, we used to do 30th birthday parties together back when we both worked at the wall street journal. just a few years ago. you guys were great. thank you for being with us tonight. >> thank you very much. dennis: a lot more still to come, including a tough take on the consumer financial protection bureau, the most dangerous bureaucracy in the world. next, the cbs war with time warner cable. things are getting only more petty and better. how many more channels have to go dark before some heavy-handed regulators steps in? we will hear from a guy who just quit as a commissioner at the fcc. ♪ long weeks. that is how long cbs has been dark in over 3 million homes in new york, l.a., and dallas as it fights over fees with time warner cable. today tw see when nuclear, offering subscribers free indoor antennas so they can receive cbs the old-fashioned way over the airways. time for the sec to step in? with more on this, robert mcdowell who quit only weeks ago as a member of the
welcome you interesting. >> come to the super bowl. >> used to be warm but making an exception. >> we'll see. >> thanks for joining us, america live starts right now. >> and we begin with a fox news alert. we are just getting word that american war ships are on the move as the obama administration comes under increasing pressure for military intervention for syria i am shannon in for megyn kelliy. secretary of state kelly will be making a statement at 2 o'clock p.m. eastern and the white house briefing will be pushed back to cover the news on syria united nation's inspectors were shot at going to the site of the last week's chemical attack. the inspectors were trying to do the work walking through the town and speaking with survivors and taking samples from victims. there are many. these photos tell the story. the bodies of dozens of innocent children laid out and covered with she'ds. hundreds of people are believed to have died in the attack. men, women and children, an estimated 100,000 people have died since the start of the conflict. the obama administration has possessione
. it looks like the u.s. is very close to military action in syria. that tough talk also sent stocks lower and gold higher. we'll have the latest on this developing story from damascus to washington to weight. >>> another developing story, the debt ceiling battle is heating up. treasury secretary jack lew has sent a letter to boehner, warning twha the debt limit will be r50e67d in october. how will the gop respond? and don't forget about the economy. more evidence out today there will be no second-half economic rebound. does that push the fed taper way back? might your mortgage rates be coming back down? all those stories and more coming up on "the kudlow report", beginning right now. >>> this is "the kudlow report." first up, the u.s. getting closer and closer to military intervention. secretary of state john kerry left little room for doubt. nbc news's steve handelsman has the details. >> good evening, larry. keep in mind the united nations investigation is not complete. this is the unilateral conclusion of the obama administration, presented dramatically today by a man not usually given
. great to have you with us. i'm jenna lee. welcome to "happening now." >> i'm gregg jarrett in for jon scott. the man suspected of kidnapping 16-year-old hannah anderson, james lee dimaggio, shot dead after a highly specialized fbi team tracks them down in very remote wilderness preserve. they were first spotted last week by a pair of horse riders saying the pair seemed out of place. instinctively they knew something wasn't right. >> she was kind of had a scared look on her face when i first come up the trail. we didn't know if it was from the horses or what. but then when i turned and talked to him a little bit, i just, just had a gut feeling about him. jenna: thank fully for that gut feeling. something changed. they didn't make the connection until they returned home and saw the girl's photos on the news. our will carr is live in boise, idaho, with the very latest on this. so, will, exactly where did those witnesses run into dimaggio and hannah? >> reporter: well, good morning, jenna. they tell us that they ran into them in a very isolated area that had very rough terrain. in fact th
. keeping up with them. i love it! [ male announcer ] helping you -- now that's what's important to us. >>> good friday. i'm craig melvin in for tamron hall. the news nation is following breaking news on the crisis in syria. president obama is expected to speak in a few minutes on syria. we will bring you his comments when those happen. meanwhile, within the past hour, secretary of state john kerry laid out the evidence the white house believes proves the assad regime was, in fact, behind the chemical attack that killed over 1,000 people, including 426 children. >> we know the syrian regime elements were told to prepare for the attack by putting on gas masks and taking precautions associated with chemical weapons. we know that these were specific instructions. we know where the rockets were launched from and at what time. we know where they landed and when. we know rockets came only from regime-controlled areas and went only to opposition-controlled or contested neighborhoods. >> kerry's statement came after a national security council meeting led by president obama at the white house
blackberry stock way of today. companies looking for new alternatives. steve forbes is coming on to tell us about getting rid of that irs. this is interesting. revolutionizing travel. elon musk expected to make an announcement today. nyc to l.a. in 45 minutes. we will explain. markets now. ♪ connell: it is good to be with you on markets now. we will get to steve forbes in just a minute. we begin with stocks now. the dow is up a little bit. adam shapiro is on the floor of the new york stock exchange. adam: good morning. the s&p is still in negative territory. apple is up over 2%. just to give you some idea of who is winning and who is losing on the dow, cisco and ibm. connell: thank you very much, adam. the irs is still targeting tea party groups. steve forbes says forget about it. let's get rid of the irs altogether. thank you for coming in. >> i think there is a growing consensus. i think we can get rid of it all. people realize it is beyond redemption. given these scandals, why not just start all over. start with a new culture, new tax code. connell: the flat tax. you have been talking
in verizon wireless. reports say the u.s. group is looking for more than, i'll repeat this number, two times, $100 billion for the stake. when you talk about big m&a deals, this would be the return if it happens. also, it is a official this morning, bill ackman through with the jcpenney stake. he has sold that entire 18% stake for the retailer. the price tag, only $12.60 a share for it. he had paid almost double. and that's nearly half the average 25 shares he paid when he first invested and that investment was originally made in 2010. >>> u.s. government and swiss banks near tax probe deal. the goj expects to announce a new program within days. the program would allow some swiss banks to avoid or at least defer prosecution under a probe of offshore tax dodging by americans, but it will exclude 14 swiss banks that are already under investigation. joe, i don't know where that leaves you with your account. >> i have a bank that is, like, owned by a swiss bank, but it makes me feel like i have a swiss bank account. but all the way back to ge's purchase of remember long ago, we can trace it all
. >>> the terror threat is real, the planned attacks are massive and the u.s. embassies are staying shut down for another week. that's what several u.s. sources are saying about an alleged al qaeda plot against u.s. interests in the middle east and africa. one source says al qaeda is back and stronger than it was before 9/11. after the bell stunner, jeff bezos buys "the washington post" for $250 bucks. and the bankrupt city of detroit starts the process of putting its priceless museum artwork up for auction. you wouldn't believe how much it could be worth. all those stories and much more coming up on the "kudlow report" right now. good evening, i'm larry kudlow. this is the "kudlow report." first up tonight, breaking news, jeff bezos paying $250 million for "the washington post" newspaper. a few days ago boston red sox owner john henry bought the "boston globe" for the bargain basement price of only $70 million. what is going on here? why will these foes succeed while others have failed. joining us is our own julia boorstin. why will they succeed where others have failed in. >> i think the qu
and i will see you tomorrow! >>> cause a syrian sellout. nbc news is reporting that a u.s. led three day military strike against syria could begin as soon as thursday, but it could go longer. and the markets are already reacting very strongly. stocks finished way down while oil and gold shot up. we have the latest on this story from the political and financial angles including the call by wall street journal columnist stevens to kill bashar al assad. mr. stevens will be joining us in just a few moments. "the wall street journal" editorial page, meanwhile, is calling for regime change. the white house says that's not what it wants to do. and i don't get that. another big story tonight is the debt ceiling battle. treasury secretary jack lew on cnbc this morning said president obama will not negotiate over the debt ceiling bill and now it looks like a battle royal is brewing in washington, d.c. these stories and many more coming up in "the kudlow report" beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." in a major developing story, nbc news is r
president obama ignore the growing chorus calling to cut off u.s. aid? >> for us to sit by and watch this happen, is a violation of everything that we stood for and when we threaten something,. >>> ray kelley doubles down defending the law enforcement tactic. >> if a program like stop and frisk is abandoned, will people die? >> well, i think, no question about it, violent crime will go up. >> a san diego mayor -- >> bob filner, the citizens of san diego have a message for you. it's time to resign. >> i'm chris matthews. so anchoring with -- -- we want to begin tied with the ongoing crisis in egypt. enter islamic militants are on the ground taking responsibility for the execution style killing of egyptian police in the north si sinai peninsula. the lawyers for hosni mubarak says their client should be released from custody in the next few days until any court proceedings begin against the former president. >> reporter: chris, a lot of moving pieces here, showing how volatile this situation has become. you mentioned the killing of 25 police soldiers, police conscripts in the northern s
dobbs,. >>> good evening, everybody. thank you for being with us. barack obama as senator and candidate often mocked the foreign policy of president george w. bush. but as president himself, obama cannot escape his mounting foreign policy folies and he and his administration and the american people are now bearing the embarrassing consequences.% . former egyptian president hosni mubarak, president obama helped force him from power more than two years ago, today was ordered to be released from prison by an egyptian court. to be released within 48 hours. mubarak's release is another slap in the face for mr. obama. it follows the ouster of the muslim brotherhood from power and mr. obama's president of choice, mohamed morsi. the violent and deadly clashes between the military-run government and muslim brotherhood and, in fact, -- have backed protest to the wall and they are responding. continuing with violence and all likelihood this friday when morsi supporters reportedly will conduct what they call a day of martyrs. and no relief for president obama in syria either. assad op
thousands injured, the u.s. and international community are still awaiting their response. the u.n. security council failed to reach an agreed yesterday on a draft resolution that would authorize military action in sear yarks but tyri syria. yesterday president obama said he had not yet made a decision about whether on-to-conduct a military strike in sear yarks but he did make the case for limited strikes and said the u.s. had concluded that the syrian government was in fact responsible for the attacks. the president also made clear that the syrian government would face consequences. >> i think it's important that if in fact we make a choice to have repercussions per the use of chemical weapons, then the assad regime involved in a civil war trying to protect itself will have received a pretty strong signal that in fact it better not do it again. >> although defense secretary chuck hagel has said the u.s. military is ready for action. last night hagel told reporters that if any action would be taken against syria, it would be an international collaboration. the white house has said it will re
to this indiscriminate use of chemical weapons. but make no mistake. president obama believes there must be accountability for those who would use the world's most heinous weapons against the world's most vulnerable people. nothing today is more serious and nothing is receiving more serious scrutiny. thank you. >> secretary of state kerry there with a forceful response to sir why's use of chemical weapons. the united states says it has undeniable evidence that it was used on citizens last week and the secretary pointed out that he had reviewed video from the aftermath of that attack last week and was struck as a human being and as a father by the video, mandy, of that father holding his young, dead child as a result of that attack. we welcome you now to "closing bell" for cnbc. >> we were just listening, of course, as secretary of state kerry and, you know, bill, it was heart wrenching, sol of the commentary he was making. of course, one of the big things he said was accountability. someone needs to be accountable for this. and also, that our basic sense of humanity is not only offended
to with stand any future crises. citing tests that were used to determine a bank's health. liz: jpmorgan's stock taking a hit on new concerns about scrutiny from regulators. they could face 6.8 billion in legal losses above existing reserves. charlie gasparino is reporting they're creating a moat. ashley: is that right? billionaire carl icahn increased his stake in energy producer, chesapeake energy. he owns just shy of 10% of the stock according to regulatory filing. liz: the firm upgrading the stock to overweight saying that the retailer should see growth in the mid-teens in the future. ashley: investors keeping close eye on egypt as the violence showing no signs of ending. government killing 25 -- killing of defend five egyptian police officers near the border with sinai near israel. liz: order for 60 new fighter jets. who is ordering? south korea. sources say the u.s. aerospace giant undercut rivals in the bidding war. "after the bell" starts right now. ashley: let's get right to today's action. jason pried from -- pride from glenmede sees the market grinding higher and he has three ways to
&p is down 2%. show us the interest-rate sensitive group for the month. the s&p down 2%. 8% decline in reits, 5.5% in utilities, 4% in telecom. that's where the damage is. when is somebody going to say bonds are starting to look attractive? here's the lqd. it's down 10% in the last month. this is the biggest corporate bond etf out there. today, the yield is 4% on this. 4%. now, i'm sure there's corporate bonds individually yielding 5% with durations not too far out there. it's starting to look attractive. that's at least my opinion. i'm waiting for somebody else to start saying that. i think bonds are poised to do well after the september 17th fed meeting. a lot of people seem to feel that way. if bonds are being sold, here's a question people are asking, if bonds are being sold and stocks are being sold in the united states, where's the money going? a lot of people have been putting money into europe in the last couple of months, but look, europe is starting to look topee. it topped out in the middle of last week. the big question here is, where is the excess money going to be going, and a
things back today. is the u.s. attack on syria coming sooner, later, or not at all? the markets meanwhile are clearly rooting for no attack. any time kerry or president obama made hawkish comments stocks fell. when they were more dovish stocks rallied back. stocks finished on another down note. considering all we've been through this summer, the markets have been pretty resilient. meanwhile another conflict in washington gearing up. the fight over debt ceiling, government shutdown, sequester, taxes all that continues. meetings between the gang offing eight and white house negotiators broke down. all that and more coming up on "the kudlow report" beginning right now. >>> good evening, everyone i'm larry kudlow. this is the cut low report. you heard my interpretation of today's speeches. john kerry talked tough in a stroke and brilliant speech. president obama on the other hand seemed to walk it back. let's go cnbc john harwood. he's live in washington for us this evening. first of all, thank you, john and second of all, good evening. what can you tell us? >> reporter: i don't think preside
. the reason the strength in the euro has been attributed to worries about the u.s. economy. please, that's just the press being too negative again. it's europe's strength. not u.s. weakness that's driving the currency. the turn in europe is happening so swiftly that u.s. companies just reported beginning to see the strength, only in the mid part of the quarter. that's right, they saw the strength only in mid quarter taking companies so by surprise, they're mostly in disbelief. mostly the gigantic auto companies like ford and gm. they didn't anticipate this turn around. the tech supermarket with business in europe will tell us the same thing when we speak to them later in the show. how much do i believe in this european turn? there are still plenty of skeptics out there, i like that, i am not one of them. my charitable trusts have been buying outsized position in vgk. trust has also bought a ton of ebay, which is the u.s. company this quarter that complained the loudest about european weakness. don't forget the europe's use for google and apple. i am a big believer that this is an importa
>>> and that is it for us. big reminder for "new day" monday prince william speaking for the first time since becoming dad. he is speaking to cnn's max foster on "new day" coming up on monday. for now let's toss it to the fabulous carol costello. >> hey, i have tim mcgraw in the newsroom, i think he beats out that prince. have a great day. "newsroom" starts now. >>> happening now in "newsroom" no warning. >> there was no distress call from the pilots. >> investigators back on the scene this morning for the flight recorder. >>> also, an 8-month-old abducted, a mother furious. >> i hope they -- >> a 25 mile-long chase with speeds over 100 miles per hour with a baby in the back seat. this dash cam capturing the violent end. are high-speed chases like this irresponsible? >>> plus, blurred lines. coming to the san diego mayor scandal. ♪ >> a local tv crew slamming bob filner with their own version of the song. ♪ we're on day 25 of filner watch. >>> and honoring america's heroes. first responders front and center. >> there is no second chance in if you're late, it will matter. >> cou
it is an opportunity. >> delta airlines long. >> international paper great way to play in the u.s. >> medical device syk. >> power lunch starts right now. >> power lunch and the second half of the trading day start right now. >> welcome to power lunch. that wild fire spreading right now. power and water for san francisco could be cut off. we are live for you. they have returned from the site of a chemical attack. is the u.s. expected to attack? we will talk about that with richard engel. we have the attorney who may change the way that americans invest in bonds forever. >> after steve ballmer steps aside, which chief executive is soon to follow? >> david? >> hey, sue, how are you doing? >> we are going to start with these pictures. the fire burning around yosemite national park. it is getting worse and threaten ing california. the latest word from the governor's office is that the water and power in san francisco is holding. the danger doesn't seem quite as bad at first. san francisco is 180 miles from here. the water and power supply come from the reswear which is in the park. crews have been tryin
humanitarian mission gone terribly wrong, in that case, somalia, one that ended with u.s. soldiers being dragged through the streets. not a good ending, and the colonel fears this one might not be, either. colonel, an honor to have you. what's your biggest worry? >> well, my biggest worry is simple. i don't really understand what the strategic vision is here, what is the outcome going to be. when you don't know the outcome what you worry about is the follow-on, what its retaliation by syria and are we now not going to be involved in a war we don't want to be in? >> neil: in somalia you can bring me up to speed. the idea was to get food and help out people in the middle of what was a growing civil war. so, our intentions and our purpose was sound, but it then went wildly awry. what happened? >> also the other part of the mission that was so important was to remove -- that was a very clear part of the objective and that is strange compared to what we see today because i -- everything we read is, our president and everybody says we don't want to remove assad from over there. so, it tells yo
it happened. we'll have the very latest on that. phil is monitoring that for us, coming up in a few minutes here. >> a tough story there. >>> let's look at the market as we approach the final hour. as the bell sounds in about an hour. the dow is down 105 point, just shy really of the low of the afternoon. nonetheless, triple digits in the downside. two-thirds of 1%. 15,345. last trade of the blue chip average. nasdaq, similar chart. a steady decline for the last couple of hours, down about 9 points, .25% at 3,675. check the s&p 500, at a two-week low now, the stand & poors and a decline there of about 7 points. >>> let's talk about today's market action and, in fact, what's going on this month now that the dow is negative for august. joining us in the "closing bell exchange," jeff from lpl financial, adam thurgood from high tower and our own rick santelli. jeff, do you think they'll begin tapering in september? >> i do. i know that it's a controversial talking point here. listen, we've seen the data come in. we've seen the retail sales numbers, the ism numbers, the jobless claims. all of th
picks up the ball right now. >> hello, welcome everyone, i'm sue herera, tyler is out today. the u.s. prepares for some sort of strike against syria after last week's suspected chemical attacks. >> yes, we have team coverage on the military situation and indeed the market impact. we start with we're down 130 on the dow. >> no rebound as all. the day traders in this market will see no bounce at all, may be inclined to get out more. you need a bounce and we're not seeing it. we're down several days in a row, not only stocks but interest rates on downside and that's key here. look at this, down 6% here. emerging markets. 6% and 7%. they trade in the united states, exchange traded funds, turkey, thailand, all down. the transports are the weakest major down today because of the airline stocks. that's not a surprise. crude rallied to a 6 week high. these are steep declines, airlines have had a good year as profits have increased and we have the yield curve flattening as well that usually means trouble for bank stocks, wells fargo down 2%, morgan stanley to the weak side. gold up, you say f
the line here as we continue to watch for lines of any u.s. action in syria. the spike in oil is very real today. we hit $112 earlier this morning and the highest in more than two years and currently below that level. gold is also near 1420 and closer to 1430 now before closing below 1400 for the first time since june. markets around the world are holding their cheollective brea as the allies and the u.s. weigh options against syria. >> and such at a tack on syria could send crude surging to $150 barre barrel. >> and jpmorgan is going to settle lawsuits settled from subprime mortgages. >>> the nasdaq and the s&p coming off of the worst levels. and the fears of u.s. may attacking syria in the next few days, stocks are posting the biggest drop in eight weeks on the syria concerns. there is some line of thinking, jim, because today is a big event on the national mall anniversary of the "i have a dream" speech, that the president may not act today and he is overseas and so a window of thursday and friday where if they are going to dit, they will do it. >> i read the speech again and i have to
for the use of chemical weapons then the assad regime which is involved in a civil uh war, trying to protect itself, will have received a pretty strong signal that, in fact, it better not do it again. and that doesn't solve all the problems inside of syria. you know, it obviously doesn't end the death of innocent sieve yan -- civilians inside syria. we hope political transition can take place. we are prepared to work with anybody -- the russians and others -- to try to bring the parties together to resolve the conflict. but we want the assad regime to understand that by using chemical weapons on a large scale against their own people, against women, against infants, against children, that you are not only breaking international norms and standards of decency, but you are creating a situation where u.s. national interests are affected. that needs to stop. >> this news comes as the obama administration is accusing syria of, quote, hiding behind russia. according to the kremlin the presidents of russia and iran spoke by phone today. afterwards they announced opposition to a military strike in r
, the uk is urging the parliament to support where the prime minister is on this, really an ally to the u.s. he's fiercely lobbying his parliament. so what do we know about this briefing and when we might see exactly the kind of intelligence thatted u.s. says it has? >> reporter: thomas, we know this briefing will take place, we believe this evening at about 6:00 p.m., but you are right to point out the fact that the momentum seems to have slowed here in terms of those limited air strikes that we were hearing the obama administration could launch. as you say, the uk wants to way for the u.n. inspectors on the ground to finish their investigation before the parliament there voice. this is problematic for the obama administration because, of course, britain is america's biggest ally, so it's hard toss the u.s. would take an action without britain. also there's mounting pressure from members of congress. house speak john boehner sending a her to the president saying what do you want to accomplish with military action? so the momentum seems to have slowed, with the discussion behind the scene f
be with again. >> thanks for joining us america lives starts right now. nstarting with a fox news alert. dozens of employees have been air lifted in yemen. there was a decision to evacuate and growing concerns over extremely high security threat level. welcome everyone to america live. i am jamie colby. >> and i am gregg jarret. we are in for megyn kelliy. the state department is urging all american citizens to get out and leave the country. intelligence officials have increased chatter about an imminent attack in and around the araban peninsula where a dangerous al-qaeda have set up shop. the british government also shut down their own embassy in yemen followed six days of increased u.s. drone strikes due to the threat that prompted the closure of 19 u.s. embassy and consulates in the middle east and africa. wendall joins us. >> the latest drone strike occurred when four suspected members of al-qaeda were killed in the car they were riding in. shortly after that attack the state department announced the u.s. embassy was evacuated and appears more than nonessential personnel was f
and gas facilities, and seize two ports, but i can't help but notice the u.s. diplomatic post throughout the region remain closed. is it safe to assume that the u.s. does not believe that that's the attack that was ordered? >> every single day we make decisions about how to keep the men and women who serve arrange the world safe, how to keep american sith sense safe. we certainly work closely with the yemeni government, but we evaluate information as it comes in. we have remaining concerns about the threats, and we have not made an announcement to reopen the embassy, but we continue to evaluate. >> i'm assuming our viewers can read between the lines on that answer. thank you. >>> how much concern does the obama administration have that by closing all these embasses and consequence las, the u.s. may appear to be running scared from the region, feeding into this criticism we've heard from some hawks about waning u.s. influence, the suggestion that nobody is daunted by the u.s. anymore. was that a concern at all when this was issued? >> well, i think, jake, that the american people would be
santelli, also with us joe la voin i can't and jared bernstein. rick santelli, such a pleasure to have you back on the show. i go to you first. rick, your jobless claims have come down, lowest since november '07. food prices are actually falling in a new report today. that's great for consumers. and what really caught my eye was that serious u.s. mortgage delink gwe delinquencies a five year low. maybe things are better. >> all i can think is maybe we overestimated some of the down side whether in u.s., europe. but i think we're overprizing stabilization. i think positive things are happening, but then again, time does heal all wounds. and if things were so absolutely green shooting oig, and we're used that term before several years ago, we shouldn't have to use it twice. either they're green shoots or just vines and i can't tell which you. but i will tell you this, it's a circular argument. if things were as good as where he want to paept thint them, th can't the fed vacate the premises. why can't bank of japan vacate the premises and why can't europe vacate the premises from the standpoi
with us, the equally formidable president obama's former chair of the council of economic advisers, that being austan goolsbee. he is now a professor at the university of chicago booth school of business. he's going to to defend all of obama's command and control policies. and we have jim peth kooukas of the american enterprise institute who writes the problem is slow growth, not overly rich ceos. and jim paulson, chief investment strategist with wells capital management. welcome, everybody. i begin with my pal austan gals booe. because of obama care, because of tax threats, because businesses are not willing to unlock their purse strings, is there any reason to assume the economy is going to get better in the second half? and the second half was about the same as the first half, which is lousy. and this whole recovery is the worst recovery since world war ii. >> okay. first of all, you're lucky you've got jimmy p. over there defending you because if i was here i'd be coming after you. but look, i have not been a big bull for the calendar year 2013. not at all. i think the u.s. gro
comfortable and prepared for that last stop. >> giving us a great view. kristen welker with the president. thanks so much. for more on the president's policy proposals, let's bring in global business editor for "newsweek" dan gross. always great to have you here. let's talk about the politics. it's no secret the president is sort of bypassing republicans, talking directly to the american people now. we're starting to get a sense, a little more insight into what republicans are going to bring to the table come this fall. this is what speaker boehner told a group of gop members in a conference call yesterday. quote, when we return, our intent is to move quickly on a short-term continuing resolution that keeps the government running and maintains current sequester spending levels. our message will remain clear until the president agrees to better cuts and reforms that help grow the economy and put us on a path to a balanced budget. the sequester he himself proposed, insisted on, and signed into law stays in place. this short-term continuing resolution, what will this mean come for the fall?
decision about how to to this indiscriminate use of chemical weapons. make no mistake. president obamas believes there must be accountability for those who would use the world's most heinous weapons against the world's most vulnerable people. nothing today is more serious, and nothing is receiving more serious scrutiny. thank you. >> secretary of state john kerry condemning the assad regime for its believed use of chemical weapons on his own people. kerry saying the attack should shock the conscience of the world. we want to get right to nbc's ayman mohyeldin in the region. what's your response to that? >> reporter: well, some very interesting points there from secretary of state john kerry. among them, really, was laying out the argument for the use of chemical weapons over the course of the last several days. that was certainly something many people here were very critical about. obviously over the course of the last several days, the central question was, was it the syrian regime that used chemical weapons against its own people? what we heard from secretary of state john kerry were
investor not done yet in a fox business exclusive. ichan tells us he is done biting dell's shares. today his company just released earnings. wait until you see how icon enterprises is really doing. and should you order up? a top money manager says that you would have to be crazy not to be invested in u.s. stocks right now. the dow 20,000 will happen. he will share his top stock picks with you. ito begins right now. ♪ good afternoon, everybody. i'm liz claman, the last hour of trading. well, another fed president to says depending upon certain metrics we should be ready to start tapering. the president of the cleveland federal reserve bank said this you would be ready to scale back the debt fed bond buying program if the labor market continues to improve, but she did not specify the timing on this. nonetheless, she is saying if we continue on this introductory we have been following right now, it should be time to soon start tapering. we will ask former treasury secretary paul o'neill about those comments and so much more, what he thinks washington should be doing to do the u.s. economy
. lauren simonetti joined us at the new york stock exchange. >> the dow is up near session highs. the fix is down. that sets the stage for a market not as nervous as it was yesterday. you have chevron and exxon leading the dow. mcdonald's is contributing ten positive points to the dow as well. green across the board. connell: we will take it. and the attack on syria. how soon could we actually see military action? let's go live to the white house with rich at finn. rich: last night they had a cabinet meeting. they are waiting for a report from the administration. the waiting game continues in washington. there are those who are signing onto this idea. the movement is growing on capitol hill. meanwhile, congress is still out for the next couple of weeks. inspectors will need at least four days. we will continue to consult and keep the situation in syria under close room. this on the heels yesterday of a hacker group identifying itself as a syrian army disrupting websites. this is becoming a new dimension. connell: thank you. we will talk about that. we have brian finch. rich talked about a
. >> okay. alan valdez thanks for joining us. that's a look at the first hour. let's get to a full second hour as we make sense of this day and look ahead to the next couple of days on the second hour of the "closing bell". >>> it is the 4:00 hour on wall street. we welcome to you the second hour of the closing bill i'm bill griffeth along with michelle caruso-cabrera who is in for maria bartiromo. stocks snap that two day losing streak despite concerns about syria. >> the dow jones industrial average higher by 50 points. >> dow on course for its worst month in over a year bob pisani. any more? >> we were down 3% on the s&p 500. let's put up the dow jones industrial average. not today. not because we had any positive news we just didn't have much news. we didn't have a lot of headlines around syria. let's call it a relief rally. put up the full screen. did droop a little bit. lack of headlines for syria is what was lifting the stock market today overall. we've seen a gap between secretary of state's announcement a couple of days ago and actually action and today that worked to everybody'
and what's happening there. joining us now to help break down the action on the markets is heather hughs. greg from the economy. dennis guardman from the guardman letter. welcome. >> welcome, folks. >> dennis, what did we learn on the market today? >> i'm not sure what we learned today given that oil prices collapsed. brent losing to wti, that's important. >> all of those either divergeant or convergent and quite honestly, i'm confused. >> i'm with you, dennis. you are the great fed watcher. >> a strong 2.5%. job claims are down. and bond yields go down, not up, as you would think they would if they are thinking the fed tapering is coming soon and dollar going higher today. >> you know, gdp data is not as strong as headline suggested. most of the contribution was from exports an inventories. hard to see exports making big contribution given the slowing you see in emergency markets. i think that's more important to the fed than gdp numbers? >> heather, i hope have you answers for us. >> no. greg is the econ con mist. >> do you get calls saying, what's going on with my money? >> yeah, righ
to "the closing bell," i'm bill griffeths. >> maria is back next tuesday. john kerry serving notice the u.s. is preparing to act on syria. we are following escalating developments for you as the stock market is in the final hour of what looks to be the worst month for dow and s&p 500 since 2012. >> i will point out market's response to syria remarks has been muted, also very few traders out there on this friday before labor day weekend. >> seems there was a mild reaction to the downside. bob pisani noticed when john kerry was taking a harder line, the dow dropped ten points. when he took a softer stance and reiterated no boots on ground, not open-ended, words like that, it seemed like the market came back to where it was prekerry's speech at the moment. where we're sitting at the dow is we're off by just 0.2%, down by 26 points. the nasdaq is down by 27 points. off by 0.7%. and the s&p 500 is down by about 4 point. let's get to bob pisani because you've been watching tick by tick the developments and all the speeches we've been hearing, rhetoric with regards to syria. give us a bit of a wal
,700 level for the third day in a row and nasdaq helped by apple. starting the week in the red. joining us for more, we begin with the market panel, paul from heritage capital, doug from riverfront investment group, kenny from o'neil securities, who's just finishing up trading and will join us shortly. guys, welcome. paul, let's kick off with you. we're looking at the start -- negative start, down about 46 points in the dow. how worried are you? >> i'm not worried. i mean, listen, the market's had a great run. last week, a great run since june 24th. even if you went down 1%, 2%, 3%, i think it's just a tiny little dip. it's barely a rounding error. and the markets, to me, are clearly headed higher in the short term. >> doug, you buying into this weakness, as well? >> yeah, i think we are buying into this weakness. we also are finding that the u.s. has had a really great run, and, you know, the whole point of making your most money when reality and expectations are in disalignment, that's not the case right now in the u.s. things are good and people recognize that. i think the real opportun
the book on media ken aletta joins us. first to my partner ty down at the nyse today. >> thanks very much. the dow down again today. hit its lows about 11:00 and then i got in the car to come down here and then it started to come back. each passing block, as i drew nearer, the dow industrials rose a little higher. nonetheless, down about 82 points, about half a percent over the past couple of days. we're town 1%. 15,530.19, well above 15,000, up about 18% year to date as you see on that chart. let's take a look at the s&p and see where it stands, down again half a percent at 1699, nipping below 1,700. the nasdaq off 22 points, two-thirds of a percent and the russell, after sort of high after high at 1053 right now, down 9.99 points. ten-year note, there you see the yield at 2.66 and change, and gold down $19 an ounce at $1,282. that's the first time below that -- i guess below 1300 in a couple of weeks for gold. let's get some of the trading action here with bob pisani. a little fed speak, a little whatever. >> believe it or not, this is practically the weakest day since the end of june.
securities, and also weighing on the market, the airlines got slammed. u.s. air down about 13%, as the doj decided to block the u.s. air/united merger. the big question here, they didn't block the other two mergers. why did they block this one? guys, it has people down here really scratching their heads. back to you. >> all right, thank you so much, bob. the news cycle definitely keeping us busy this august. it doesn't always do that. >> no, it does not. >> we're thankful for that. we want to talk more markets. another big story of the day, and joining us to break down the day, jeff from russell investment, mike from yahoo! finance and our own rick santelli. jeff, i want to start with you. we've seen the s&p 500 sort of creep higher, melt higher, if you will. the volatility is also falling. but everyone keeps saying volatility will be the breakout in the next couple of months. what are you looking for on the vix and what are you seeing in the world of volatility? >> i don't think we have a straight vix forecast, but i would say that we think that there are going to be fits and starts as fa
. >>brian: if you've ever flown next to tucker carlson, write us because aoebl shannon is -- because i believe shannon is correct. >>tucker: i take the train. >>brian: shannon, tell us what's happening. >>shannon: chaos in egypt as they brace for more protest today. this as the muslim brotherhood calls for a nationwide day of rage. president obama joining ex-military comments. >> our traditional cooperation cannot continue as violence continues in the streets. >>shannon: the u.s. supplies $1.3 billion in aid to egypt but the president says that could be on the chopping block if the violence continues. >> he's accomplished the remarkable feat in the last two and a half years of alienating every single faction in egypt. he just needs to back off now and accept the fact the egyptians have come to this path themselves, and they will have to resolve it. >>shannon: this as the death toll continues to rise from this week's bloody crackdown on muhammad morsi supporters. nearly 650 people have been confirmed killed, thousands more injured. >>> troubled actress lisa robin kelly who stars on that
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